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ASX200’s Support at 5650 Holding – Market Update

ASX200 Nothing to report here …. The ASX200 index continues to do very little as it moves between 5650 and the key 5800 level, although it has been closer to the former level more of late. The all time highs this week: ALTIUM LIMITED ORDINARY APPEN LIMITED ORDINARY BLUE SKY LIMITED ORDINARY BREVILLE GROUP LTD …

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S&P/ASX 200 Sentiment Bearish as Index Tries to Stay Above 5650

For the week beginning 2 October 2017, my very own Stuart McPhee Market Sentiment Indicator for the S&P/ASX 200 Index (XJO) remains below 50 again as the ASX200 index struggles to stay above the current support level at 5650.  See below for notes on the indicator. Click on the image below for a larger, clearer …

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ASX Sector Analysis – Energy and Materials Lead the Way

As the market continues to struggle of late, the Energy and Materials sectors have maintained their high rankings across all time frames, as the Telecommunications sector brings up the rear, in the latest ASX Sector Analysis for the week beginning 2 October 2017. The ASX Sector Analysis is conducted over three time frames – the …

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